EFORE PLC          Stock Exchange Release              November 22, 2018 at  10: 50 a.m.

Correction in English version:Vesa Leino appointed President and CEO of Efore Plc and Olli Mustonen appointed  CFO beginning January 1, 2019

There was a translation error in the English version of Efore Plc stock exchange release published on November 21, 2018.

The original sentence was: His main responsibilities will be the implementation of the planned restructuring of the Telecommunications business and activities related to Efore Group cost-efficiency improvements.

The correct sentence is: “His main responsibilities will be the implementation of the planned restructuring of the Telecommunications business in China and activities related to Efore Group cost-efficiency improvements.

The Finnish version of the release was right. The corrected English version is attached.


EFORE PLC

Board of Directors

For more information, please contact Tuomo Lähdesmäki, Chairman of the Board of Directors, Tel. +358 50 5879648

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Efore Group
Efore is an international Group which develops and produces demanding power products. Efore's head office is based in Finland and its R&D functions are located in Finland, Sweden, Italy and China. Sales and marketing operations are located in Europe, United States and China. In the financial year ending in December 2017, consolidated net sales totalled EUR 69.9 million and the Group's personnel averaged 432. The parent company's share is quoted on the Nasdaq  Helsinki Ltd.

www.efore.com

Attachment

CORRECTED RELEASE_Vesa Leino appointed President and CEO of Efore Plc and Olli Mustonen appointed CFO beginning January 1 2019